Extract to table

Retainer VMS agrees to deposit an evergreen retainer in the amount of Fifty Thousand Dollars ($50,000

Undisputed portions of any invoice shall remain due and payable in accordance with the terms set forth above, notwithstanding any pending dispute as to other portions of the same invoice

Confidentiality and Privilege All communications between Calderwood & Harkness and VMS in connection with this engagement are intended to be, and shall be treated as, protected by the attorney-client privilege and/or the work-product doctrine to the fullest extent permitted by applicable law

The arbitration shall be conducted by a single arbitrator, who shall be an attorney with experience in legal fee disputes

The arbitrator's decision shall be final and binding upon both parties, and judgment upon the award rendered by the arbitrator may be entered in any court of competent jurisdiction

Each party shall bear its own attorneys' fees and costs in connection with any arbitration proceeding, unless the arbitrator determines otherwise